A positive output gap is more likely to be associated with:
A) recession
B) rising unemployment
C) deflation
D) inflationary pressure
Correct Answer:
Verified
Q9: Which of the following is NOT a
Q10: Structural unemployment is the:
A) unemployment that results
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Q13: The tendency for investment to increase when
Q15: If the MPW is 0.4, the MPC
Q16: An inflationary gap occurs when:
A) when prices
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Q19: An output gap where equilibrium GDP is
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